What is Price Action and Why We Should Learn it?
As forex traders, we have the challenging task of trading to make profit from the price moves in the market. This entails finding the where (price), when (timing), and the direction (trend). Most traders end up searching the savannah of trading systems adding tons of indicators on the charts that end up looking like an italian spaghetti food fight amongst 5 year olds. What is interesting is...
Read MoreIchimoku Report Dec. 8th
EURUSD Finally breaking stride, the EURUSD has done something it has not been able to do for the last 7 months…have a weekly close below the Tenkan line. This line has held on dips and been quite a play in terms of getting into this trend. With the line being broken, there are two likely scenarios and a third unlikely one. Scenario 1: The pair goes sideways into a consolidation or channel...
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